ENERGY

Bad weather cuts Iraq Basra oil exports to 1.75m bpd, says shipper

Oil shipments from Iraq’s Basra terminal terminals due to bad weather (File photo: Reuters)

Bad weather trimmed oil shipments from Iraq’s southern Basra terminals on Saturday, with only 1.75 million barrels being exported compared with 2.5 million the previous day, a shipping source said.

“High winds around the Basra oil ports made it difficult for ships to reach the ports. Berth and unberth operations were suspended,” the shipping source said.

Iraq exports the bulk of its crude from southern ports on the Gulf.

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Last Update: Saturday, 21 December 2013 KSA 15:10 - GMT 12:10
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Bad weather cuts Iraq Basra oil exports to 1.75m bpd, says shipper
Only 1.75 million barrels were exported on Saturday compared to 2.5 million barrels exported on Friday
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